Business, 15.04.2020 02:02 milkshakegrande101

What effect might market power have on technological change? Market power results in A. marginal-cost pricing, leaving no resources with which to invest in new technology. B. economic efficiency, which eliminates the need for new technology. C. economic profits that can be spent on research to develop new products. D. economic profits, leaving no incentive to develop new products. E. no barriers to entry, allowing new firms to begin producing technologically-improved substitutes.

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